Word: money
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Dates: during 1960-1969
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Little City Halls. Slow as it is in coming, some progress is also being made in eliminating conditions that promote unrest. Unemployment is at its lowest point in 15 years. Although there has been no major infusion of federal money recently, expanded recreation, job and housing programs are under way in many cities. The Youth Advisory Council of Greater Los Angeles is coordinating federal, state and local job programs, and the State Employment Service plans to find jobs for all graduating high school seniors before they have a chance to waste the summer. A Model Cities program has been launched...
...peace of mind with money...
SUCH new capitalist slogans might confound a Karl Marx, but U.S. business knows what it is doing. It is trying to appeal to June graduates, and the traditional come-ons no longer work so well. Good money? They have enough, thank you. Special training? They have had all they want-on campus. An esteemed place in society? Many are not sure, or so they say, that they want to belong to this society...
...egregious overruns that had been fairly common under the older system of contracting for each step as it came along. This had encouraged contractors to make unrealistically low bids in the research phase; once entrenched in a project, they could discover "unforeseen" expenses and plead for more money...
Only Japan's builders, who lead the world in construction of the giant tankers, are making money on them. Though the Japanese compete fiercely with each other for orders, they have been sharing technological ideas since the Imperial Navy ordered them to do so before World War II. They have produced such innovations as computer-controlled cutting torches, self-propelled welders and devices that can flip over 80-ton subassemblies to make welding easier. These have helped reduce building costs from $91 a ton for a 100,000-d.w.t. tanker to $68 for a 300,000-tonner. Even...